St. Charles Police Pension Board to discuss administrative rules and regulations

St. Charles Police Pension Board will meet at 11:30 a.m. Wednesday, June 1.

The Police Pension Fund Board of St. Charles administers the Police Pension Fund.

Here is the agenda as provided by St. Charles:

ST. CHARLES POLICE PENSION BOARD AGENDA

Wednesday, June 1, 2016

11:30 a.m. – St. Charles Police Department

1. MEETING CALLED TO ORDER

2. ROLL CALL

3. APPROVE PREVIOUS MEETING MINUTES

A. Regular Meeting – March 2, 2016

4. INVESTMENT ACTIVITIES

A. Review & Accept Quarterly Investment Report to include Rebalancing Worksheet

B. Discussion/Action – Letter of Authorization (Transfer of Monies to Cash Account)

C. Review/Modification of Board’s Investment Policy

? Discussion/Action: Designation of Board Member for Investment Authority

5. OLD BUSINESS

A. Election of Active/Retired/Disabled Trustees

B. Election of Board Officers (e.g. President, Secretary, etc.)

C. Discussion/Action – Status of RFP for Actuarial Services

6. PRESENTATION AND APPROVAL OF BILLS FOR DISBURSEMENT

A. Review & Accept Expenditure Approval List (Addendum A)

7. APPLICATIONS FOR MEMBERSHIP

A. Discussion/Action – Approve Membership – M. Redmann

B. Discussion/Action – Approve Membership – M. Kelly

8. APPLICATIONS FOR BENEFITS

A. Discussion/Action – Application for Benefits – L. Ferguson

B. Discussion/Action – Refund of Benefits – S. Kerr

C. Discussion/Action – Refund of Benefits – J. Mjal

9. ATTORNEY’S REPORT

A. Legal & Legislative Update

10. NEW BUSINESS

A. Review/Modification of Board’s Administrative Rules & Regulations

B. Review Status of Trustees’ Annual Training Requirements

C. Discussion/Action – IPPFA Conference

D. Discussion/Action – QILDRO – Dargis

11. PUBLIC COMMENTS

12. ADJOURNMENT